Jordan - Past Due Interest Bond (PDI) - Terms
Article Index
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| Obligor: | The Jordan Interest Arrears Bond Company Limited |
| Guarantor: | The Hashemite Kingdom of Jordan |
| Issue Size: | USD 93,688,122 |
| Maturity: | December 23, 2005 |
| Interest Rate: | 6-month LIBOR plus 13/16% |
| Coupon Frequency: | Semi-annual |
| Coupon Dates: | June 23 & and December 23 |
| Day Count: | 30/360 |
| Issue Date: | December 23, 1993 |
| Amortisation: | Repayable in 19 equal semi-annual installments beginning December 23, 1996 |
| Options: | Callable at par with accrued interest on coupon dates if no default. |
| Currency: | USD only |
| Form of Instrument: | Bearer securities (PDI bonds will be issued in registered forms to US fiscal persons) |
| Denominations: | $250,000 and integral multiples thereof |
| Credit Rating: | Not rated |
| Principal Collateral: | None |
| Interest Payment Collateral: | None |